Dealmaking

Investors seek solace in highly targeted single deals

Appetite for exposure to assets via co-investments and single-asset secondaries defied the pandemic last year.

Behind the scenes of ~$15m investment in Big Easy Blends

Granite Creek and Clover, an independent sponsor, bet on a beverage business in a bid to grow its capacity.

HIG Capital starts sale process for Trace3

First-round bids are due mid-June for the Irvine, California-based IT services provider.

Thoma Bravo snaps up Greenphire, KKR invests behind online equity

Thoma takes victory lap for Riverside's Greenphire, VSS invests behind growth in Oracle ecosystem, KRR injects $55m in eSSENTIAL Accessibility

Why I’m pivoting my fund to invest in women-run companies

Gili Elkin from the Israel - Colorado Innovation Fund says after taking more than 700 meetings with start-ups, she found that fewer than 10 had female CEOs. Here’s what she's doing about it.

VSS backs Centroid Systems as cloud adoption, Oracle ecosystem see growth

Managed service providers typically have high levels of recurring revenue, well-above-average growth and attractive margins, Trent Hickman, managing director at VSS, told PE Hub.

NBA Africa deal mixes sports and emerging markets

Helios Investment Partners has backed a deal that values NBA Africa at $1bn in enterprise value.

HIG set to buy CORA Health Services for over $500m, Bain's US LBM snaps up American Construction Source

HIG makes another healthcare investment, this time in physical therapy, while Bain-backed US LBM grows its building materials platform.

HIG steps up with $500m-plus deal for Gryphon’s CORA Health Services 

A formal Jefferies-run sale process for CORA was relaunched in February, after 2020 exit plans were put on hold during the pandemic.

Private Equity Jobs of the Week: OMERS, Goldman Sachs and UBS are hiring

This week’s jobs include associate sports at OMERS, Goldman Sachs and UBS.